The United States is the world’s second largest manufacturer, with a 2010 industrial output of approximately $1,696.7 billion. In 2008, its manufacturing output was greater than that of the manufacturing output of China and India combined, despite manufacturing being a very small portion of the entire U.S economy, as compared to most other countries.
If the top 500 U.S.-based manufacturing firms were counted as a separate country, their total revenue would rank as the world’s third-largest economy.
The largest manufacturing industries in the United States by revenue include petroleum, steel, automobiles, aerospace, telecommunications, chemicals, electronics, food processing, consumer goods, lumber, and mining. The United States produces approximately 21 percent of the world’s manufacturing output, a number which has remained unchanged for the last 40 years. The job loss during this continual volume growth is explained by record-breaking productivity gains. In addition, growth in telecommunications, pharmaceuticals, aircraft, heavy machinery and other industries along with declines in low end, low-skill industries such as clothing, toys, and other simple manufacturing have resulted in U.S. jobs being more highly skilled and better paying.
The Am-Mex U.S. facility has 230,000 square feet dedicated to warehousing, distribution, packaging and manufacturing services, import and export coordination, and third party manufacturing, materials procurement, logistics services (3PL) and temporary help solutions.